Shares of ADNOC Gas jumped about 18% over its listing price in the Abu Dhabi market debut on Tuesday.
ADNOC Gas' shares traded at 2.8 dirhams apiece, versus its initial public offering price of 2.37 dirhams. State-backed oil giant Abu Dhabi National Oil Co had earlier this month, raised about $2.5 billion through a sale of roughly 5% of its gas business in an IPO.
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